Build or Renovate
Your Dream Home

Whether you are building or renovating your dream home, our Construction Loan programs offer flexible financing options.

Whether you are building or renovating your dream home, our Construction Loan programs offer flexible financing options.

Build the home of your dreams

Fixed rate or adjustable rate options with a single loan closing.

Site built

Renovations

Modular

Tear downs

Build a 1 unit, owner-occupied primary residence or second home on land you already own
Purchase land and build a 1 unit, owner-occupied primary residence or second home
Renovate or rehabilitate a 1 unit owner-occupied primary residence or second home
Eligible property locations: Connecticut, Maine, Massachusetts, Vermont, New Hampshire and in certain New York counties.

Fixed rate and adjustable rate options
One time closing means your loan automatically converts to a permanent loan once construction is completed
You pay interest only on the principal amount disbursed during the construction period (billed monthly)
When construction is complete, your monthly payment will convert from an interest only payment to a fully amortizing payment that will include principal and interest.